In accordance with the Rules of the TSX Venture Exchange, the Company also announces that the offering was entirely subscribed for by Mr. Frank Baldesarra, Chairman of the Company. Prior to the completion of the offering, Mr. Baldesarra owned or controlled 11,516,637 Common Shares, which represented approximately 39% of the total number of outstanding Common Shares. As a result of the offering, Mr. Baldesarra now owns or controls 18,890,761 Common Shares, which represents approximately 51.2% of the total number of outstanding Common Shares. The Common Shares are subject to a hold period of four months and a day ending July 4, 2009.
No finder's fee was paid in connection with the offering. The TSX Venture Exchange issued its final acceptance of the offering on February 11, 2009, subject to standard filing requirements.
About ENGINEERING.com Incorporated
ENGINEERING.com Incorporated (
Shares Outstanding: 36,870,623
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts: ENGINEERING.com, Inc. John Hayes President & CFO (905) 273-9991, ext. 280 or Toll Free: 1-877-997-9917 (905) 273-6691 (FAX) Email: Email Contact Website: www.engineering.com